15, OAKWAY, STUDHAM, DUNSTABLE, LU6 2PE - £830,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 OAKWAY is a very large extended detached house of 242m², built sometime between 1967 and 1975, which could now be worth an estimated £968,674. It was last sold for £830,000 in February 2018, which was around 59% above the average February 2018 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

15 OAKWAY Sold Prices

Land registry data shows two sales for 15 OAKWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 15 OAKWAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 23 FEB	£830,000	£522,095	59% above HPI
1998 27 NOV	£227,000	£137,556	65% above HPI

15 OAKWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 15 OAKWAY sales from November 1998 and February 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 1998 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the February 2018 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 15 OAKWAY be worth now?

15 OAKWAY might now be worth an estimated £968,674.

This is based on house price inflation of 16.7%, between February 2018 and December 2024, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.7% inflationary increase is applied to the most recent sale price for 15 OAKWAY of £830,000 on 23rd February 2018. For the value to have increased from £830,000 to £968,674 over the five years and two months to December 2024, the following assumptions must hold true:

• The value of 15 OAKWAY has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The February 2018 sale price of £830,000 represented a fair market value for the property.
• The size, condition, and specification of 15 OAKWAY has not materially changed since February 2018.

How Large is 15 OAKWAY?

15 OAKWAY is 242m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 20% of detached houses houses in Holywell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holywell, and where 15 OAKWAY lies on this distribution: 89% of detached houses houses are smaller than 15 OAKWAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Holywell.

15 OAKWAY: Plot and Title Map

15 OAKWAY sits on a plot of roughly 0.316 of an acre, or 1,278m². The below map shows the location of 15 OAKWAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 15 OAKWAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 15 OAKWAY?

15 OAKWAY is located in STUDHAM, in the LU6 postcode district. The below map shows the position of No. 15 on OAKWAY.